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Analysts expect Energy Department to announce build in natural gas storage inventories Associated Press 11/25/09 6:40 AM EST NEW YORK - The Energy Department on Wednesday is expected to report a build of 3 billion to 7 billion cubic feet of natural gas storage inventories for the week ended Nov. 20, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos. The Energy Information Administration - the...

Oil ETFs: Supply of Oil Can't Keep Up With Demand November 25, 2009 at 11:00 am by Tom Lydon The global appetite for oil seems insatiable, and it's growing. However, the supply of oil is not coming out as fast as it's being used. Oil exchange traded funds (ETFs) may start reflecting the rise in oil prices as the disparity between supply and demand widens. Eating away at the stockpiles of crude oil, the growing world oil demand...

Dubai World to Delay Debt, Owes $59 Billion; Default Swaps Soar By Arif Sharif and Camilla Hall Nov. 25 (Bloomberg) -- Dubai World, the government-owned holding company struggling with $59 billion of liabilities, is seeking to delay repayment on all of its debt, even after Abu Dhabi banks provided $5 billion for Dubai's support fund. Dubai World will ask all creditors for a "standstill agreement" as it negotiates to...

Crude Oil Declines on Rising U.S. Inventories, Firmer Dollar By Yee Kai Pin http://www.bloomberg.com/apps/news?pid=20601072&sid=aAIft8it37hM Nov. 26 (Bloomberg) -- Oil fell in New York as traders sold contracts to lock in gains ahead of the U.S. Thanksgiving holiday and after the U.S. Energy Department said crude inventories held by the world's largest energy consumer rose. Oil slipped below $77 a barrel after rallying 2.6...

Kevin Rudd has promised to pay our "fair share". So many billions will he commit Australia to handing over to Cuba and the rest of them: CENTRAL American nations will demand $US105 billion ($114.2 billion) from industrialised countries for damages caused by global warming, the region's representatives say. Central American environment ministers gathered in Guatemala overnight to discuss the so-called "ecological...

Posted on Nov. 24, 2009 By Xina Xie and Michael J. Economides China Faces Nat. Gas Shortages, Price Hikes Taxis queue up to fill their tanks on an overpass in Chongqing, China, Wednesday, November 18, 2009. Central and eastern Chinese provinces faced the worst natural gas shortage in years as supplies were diverted to snowstorm-hit northern China, while producers lacked incentives to expand output because of poor margins. Photo by...

"Climate change cover-up? You better believe it" Scientific American http://www.scientificamerican.com/blog/post.cfm?id=climate-change-cover-up-you-better-2009-11-24 All the evidence is showing that Scientific American has got it right. The included chart is very similar to the famous "hockey stick" - which has had it correctly all along. Bill

Summary Working gas in storage was 3,835 Bcf as of Friday, November 20, 2009, according to EIA estimates. This represents a net increase of 2 Bcf from the previous week. Stocks were 404 Bcf higher than last year at this time and 442 Bcf above the 5-year average of 3,393 Bcf. In the East Region, stocks were 145 Bcf above the 5-year average following net withdrawals of 2 Bcf. Stocks in the Producing Region were 229 Bcf above the 5-year average...

CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil is likely headed tomorrow.

http://www.21stcenturysciencetech.com/Articles%202007/MornerInterview.pdf " INTERVIEW: DR. NILS-AXEL MÖRNER Sea-level Expert: It's Not Rising! [trimmed] Data Fudged Then, in 2003, the same data set, which in their [IPCC's] publications, in their website, was a straight line-suddenly it changed, and showed a very strong line of uplift, 2.3 mm per year, the same as from the tide gauge. And that didn't look so nice. It...